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there and they have passed a tax cut extension program that the obama administration wants. it would essentially lay the groundwork for a quick fix to this fiscal cliff. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. >>> coming up, mitch mcconnell saying raising limits. we're talking about what will happen if the parties don't come to a deal. a record number of filibusters. john boehner is fighting to keep it that way. we'll tell you what that's about. >>> fast food workers stage the largest strike in their history. we'll show you what they hope to accomplish here in the big apple. >>> and later the white house releases the first beau obama christmas video. it's much better than the old barney camp videos and we have the tape to prove us. share your thoughts on facebook and twitter. we're coming right back. of ta. it's changing the conversation. ♪ or that printing in color had to cost a fortune. nobody said an all-i
passed a tax cut extension program that the obama administration wants and it would essentially lay the groundwork for getting a quick fix to this fiscal cliff. they could then move on to the spending cuts portion. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> giants are okay. i like the packers better. remember to answer tonight's question question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. we always want to know what you think. >>> coming up, senate minority leader mitch mcconnell says democrats need to raise the eligibility age for medicare? obama care architect dr. zeke manual joins me to talk about what will happen if the parties don't come to a deal. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... t
dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance. >> yes. balance. here's the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we'll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway's conservative class. this is genius. sadly, this plan leaves conservatives wanting. wanting what exactly? the declaration that mitt romney is actu
sandy politicians making big promises, president obama promising to cut the red tape. now have they all forgotten about the victims? we're back with our political panel. john, you can see the frustration, you know. the man blasting president obama about his vacation to hawaii, just said he doesn't have electricity. you know, what about it? >> it's perfectly understandable and justified. i mean, you have the entire national media swoop in for a story where president obama and chris christie shook hands and that was supposed to be his great heartwarming moment where they were going to come together to fix things. now a month later there are real problems here and government just simply hasn't been working for a lot of these people. you have stories where there are perfectlily got fema trailers sitting in pennsylvania when they could be put to use in new york or new jersey. >> greta: why aren't they there? >> no one knows. i don't know. you hear people telling stories about filling out forms, people who are approved to use the money to stay at a marriott but not a comfort inn. there are so
it until after all the tax cuts expire. then obama, you know, is not necessarily bound by just that demand. he could come and ask to free up more revenue. as dan was saying, i think they hope that something in the market will make the democrats move quickly but if they don't that just suggests that they don't have it within themselves as a party to vote affirmatively do so something. >> eliot: there is one other component that could create fear and tank the market, and that's the debt ceiling. that's the place where john boehner is saying there is an extra price for that. i'm going to extort an extra piece of this if you want me to raise the debt ceiling and don't fall into that bear trap once against we hope. that's something that we'll talk about. we'll take a break and my guests will stay with me. we'll talk about the meet and potatoes of it and the debt sealing. we'll be right back. mints called mints? answer in a moment. fruit just got cooler. fruit on one side, cool on the other. ice breakers duo. a fruity, cool way to break the ice. brought to you by ice breakers mints. break the i
been evacuated from the area. >>> and lawmakers and president obama have exactly one month to cut a deal to avoid the so-called fiscal cliff. a huge package of tax hikes and spending cuts will kick in january one. they spent time blaming each other for not getting serious. in his weekly address, president obama says he is ready to make a deal but wouldn't accept continued tax cuts for the wealthiest people. >>> the senate has already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. and if we can just get a few house republicans on board, i'll sign this bill as soon as congress sends it my way. but, it is unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the richest americans. >> republicans say tax hikes on the wealthy mean tax hikes for small businesses, something they insist they cannot accept. here is long-time gop senator orin hatch. >> unfortunately, some on the other side of the aisle are indicating a disastro
to get tax cuts, what president obama has proposed. this is not rocket science, not complicated. boehner, lead or resign. >> this is "the bill press show." ed is calling from frederick maryland. what do you say, ed? >> caller: good morning. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ music ] >> coming to you live at current.com/billpress. this is "the bill press show," live on your radio and current tv. >> you've got it 33 minutes after the hour now. here we go with the "full-court press." this monday morning, december 3rd, coming to you live from our nation's capitol brought to you today by the communication workers of america, good men and woman of the communication
this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ i took my son fishing every year. we had a great spot, not easy to find, but worth it. but wi
. and they are waiting for fema to help for more than a month. >> i told president obama you told us you would cut the red tape. the middle class gets the royal finger. he said fema worked for me. fema ain't doing anything. >> steve: it a town hall that turned into a town brawl. ready to almost go over the edge? looks like you have a friend as well rick. >> as promised brian cashman and bobby valentine. bobby's first time and he wants to go face first. we'll see if that can happen. right now we'll go to break. "fox and friends" is back in two minutes. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. a hybrid? most
the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you're not taking them. >> two things first, larry, didn't president reagan raise the capital gains tax rate? >> in a tax reform plan he did. >> exactly. that's my point. was that class warfare when he did that? was that class warfare when he did that. >> re
cut tax rates. the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get enough money there. they are going to hit me and there is going to be a carbon tax. president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. taxing the rich. they know that.
the people, even with the budget cut that president obama asked for of 400, almost $485 billion in 2011, even with the cuts in the army that that would have involved, the army would have still been roughly 30 or 40,000 troops bigger than it was when i became secretary in december of 2006. because i increased the size of the army by 65,000 in 2007, and then gave them an additional temporary increels of 2000 in 2008, or in 2010, rather, increels of 200,000, so i worry we think the answer is always go to be high tech, because it is cleaner, it is -- it dictates a different kind of war than we fought in iraq and afghanistan and i hope those are the kind of wars, if we have to fight, that that is what we don't have to go through what we went through in iraq and afghanistan, but i remember .. one of my favorite quotes is from general joe still well, from world war two, who basically said how a war starts, it always ends in mud. >> rose: ground forces fighting each other. >> and so you just don't know .. and because you don't know, you need to preserve flexibility. >> rose: you can't occupy with mac
. president obama with a big kind of pep rally at the white house to push those tax cuts for the middle class and republicans on capitol hill saying no, no, no, we hate the middle class. come on. let's give tax cuts to the rich! the millionaires and the billionaires, to the koch brothers and donald trump. we'll bring you up to date and give you a chance to sound off on the issues which i know you can't wait to do. you can do it by giving us a call at 1-866-55-press. you can join the conversation on twitter at bpshow on facebook, facebook.com/billpressshow. and if you really want to get into it with your fellow "full court pressers," go into the chat room. try it out. it is a lot of fun. go to current.com and click on the chat room and you are in! here we are. lucky day. thursday november 29 for somebody. >> it wasn't that lucky. you're still here. peter ogborn and dan henning good morning guys. leading team press with phil backert and cyprian bowlding. cyprian and i had our powerball tickets. we were ready, we were
. they said to obama well, we don't want to make those cuts that are clear here because it would be counterproductive. you see what i'm saying, the republicans don't want to do that. >> both parties don't--to me, i don't believe want to do much of anything. how many people out there in america so many people watching the show actually know what they're talking b because we don't believe that they know what they're talking about. >> cenk: i think in the end--don't worry judah, i think you'll get the deal that you like a lot. >> as a conservative, and i just want to say this, i'm one of those more newer conservatives in the sense that i'm the person without a party right now. because i don't necessarily agree with everything that they're doing. but i don't necessarily agree with what the other side is doing, either. >> cenk: you and me, both, brother. and there are things that i disagree with the democrats on. so tell me why you consider yourself a conservative. in the grand bargain obama said i'm going to give you 3-to-1, isn't that fair? i think that's way too fair. >> here's my
-- this but they are not specified. myth number 3, obama has put $400 billion of unspecified cuts on the table. he claimed obama's -- i'm serious -- proposal -- >> he is a drama queen. >> mine is serious. theres isn't serious! i'm flabbergasted. [ laughter ] >> stephanie: the programs have existed for quite sometime. here he is. >> they won the election. they must have forgotten that republicans continue to hold the majority in the house, but the president's idea of negotiation is roll over and do what i ask. >> objection. >> we need to find common ground and find it quickly. >> oh shut up. >> stephanie: common ground -- >> common ground do what i tell you to do. >> stephanie: how about the same thing you just -- >> yeah. >> stephanie: tom [ inaudible ] republican of oklahoma. >> i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. this is a compromise on taxes -- >> stephanie: no it's not. and the aforementioned drama queen, lindsay gram. >> i'm pretty sure we have going over the cliff. >> good heavens! >> stephanie: oh, my god! i think we're going over t
that they should agree with president obama and extend the tax cuts for middle-class americans and then fight later on for that tax cut for the wealthy. we will ask him about this latest proposal, the counterproposal from the house republicans. j.d. on twitter says -- on our republican , richard from colorado springs, colorado. caller: c-span could put on actual science. i think there is a lot of magical thinking on the part of democrats here. first of all, they are assuming if they raise the taxes on this one%, it will not affect the jobs and the companies that they work for. nor would it affect the customers they have. what are the percentages of the most important job creators around? how did you identify them? they had no clue. i think the other aspect of magical thinking is that in the noise and the signal, nate silver pointed out previously a 12% rise in gdp might ake for a 2% rise in employment. in 2005, we got 3.5 million jobs lost. it is a fantasy to believe that the president's spending is going to make employment rise more. recently, there has been an article by a harvard university law
differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >> when you talk about discretionary spending cuts, a big difference between defense cuts and domestic cuts. does it go after defense spending the way he has? >> he hasn't spelled it out yet. we don't know. r&d, a lot of investment programs we think we need to keep this economy growing. >> can i ask a question? what makes up the difference between the bowles-simpson proposals and the other ones? why is that so much higher? what are they leaving out? >> there were more tax increases. it was light on entitlements. >> okay. >> where did bowles-simpson get the revenue. >> they eliminated a whole slaw and lowering rates and also a tax on gasoline. >> they let the bush tax cuts expire, right? >> initially they did and then were going to do tax reform. >> would they increase the taxes on the rich? >> yeah. >> they would? >> yes. >> to the same extent? >> i would have to do the math. >> don't you do any homework? >> numbers cruncher. dad, thank you so much.
cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president obama says he wants to get a deal done by christmas, but both republicans and democrats will have to come together to make that happen. jessica yellen has more on where each side stands. >> reporter: jus
have a question for you. i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the amount of children you have? guest: some of them do matter. the eitc, there was a law that allowed you to climate for more than three children. that could go away by the end of the year. host: the earned income tax credit specifically. mary from kentucky on the republican line. caller: good morning. we are small business owners. with many of these taxes going up and there are proposals in kentucky to raise some of our state taxes because we have deficits and pension oblig
of the deal we do what obama ran on on the tax cuts, on the tax increases and we're going to study the future spending cuts? isn't that the face-saving way out? >> it's tax reform, part of that conversation in the background. but i think simpson-bowles is more of a way out for the gop than some folks may think. i think generally the public, conservatives included, like the ideas that are enunciated in the plan. i think certainly more conservative members in the house and the senate have spoken favorably of it. it gives you a framework to begin the conversation and i was surprised that neither the president nor mitt romney actually took that as sort of a bull whip to kind of shape the argument. >> talking like that, that's why you referred to as former republican connection. >> there's a funny kind of -- there's an interesting, you know, i don't know, third option. i don't think it will come to this but there's sort of, you know, let's say we go over the cliff. the republicans do not -- they hold firm. we go over the cliff, then we'll no doubt reinstate the tack cuts of the middle class so the
associate with the ground-based interceptor. the obama administration has cut way back on the numbers of those, on the deployment, and on the development of the new generation of kill vehicles. they have cut the funding for that. a system that can be both an effective american defense system and protect regional interests, such as europe, for example, from a threat from a country like iran, for example. the great pronouncement in bowling to provide the rationale for cutting way back on the gbi was that we are going to have something even better. of course everybody said wait a minute. the fourth stage of that would be very effective against a missile launched by mistake or perhaps by a rogue commander. in any event, the russians are now saying under no circumstances should you develop that. they not only object to a missile defense system that might potentially be effective against them, let alone other countries. they also have been putting enough pressure that i wonder if the administration will go forward as what they characterize as a substitute for gbi. >> i think a couple of les
all. >> president obama urged congress today to extend middle- class tax cuts and avoid the fiscal cliff. he spoke of the eisenhower executive office building for about 10 minutes. he travels to a call factory in pennsylvania earlier this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands that this is not just about numbers. it is a set of major decisions that are going to expect millions of families all across this country in very significant ways, and their voices, the voices of the american people, have to be part of this debate. so i asked some friends of mine to join me, some folks from here in the area. our ultimate goal is an agreement that gets our long term deficit under control in a way that is fair and balanced. that kind of ag
in washuar for thursday. two of president obama's top fiscal negotiators are scheduled to meet with lawmakers on capitol hill. an increasing number of republicans say they are willing to give ground on higher tax revenue, but spending cuts are still a sticking point. if the two parties can't agree, tax rates will go up for all americans on january 1. and the owners of two winning powerball tickets get the pleasure of sharing the second larnest jackpot in u.s. history. the ticket to the whopping $588 million prize, sold in arizona and missouri. if you haven't had a chance to check your tickets, the wing numbers are: 5, 16, 22, 23 and 29. and the power ball number is 6. i'm ainsley earhardt. thanks for watching fox. on the " >> greta: alarms are going off among some conservatives in president obama's second term, his liberal supporters are calling for income redistribution. who's doing that and how do they hope to make that happen and can they? byron york just wrote about that, along with the rest of our political panel. byron, you wrote the article. >> there's been a lot of talk during the ca
extending middle-class tax cuts and it probably didn't hurt that the co-founder of costco is a big obama contributor. before he left, the vp used the phone of his cart driver, ivy stewart. to call her grandmother and leave a message. ivy was so moved by the whole experience, she wiped away tears. >> thanks for shopping with me. and i know you won't tell anybody what i bought for christmas yet. >> reporter: here's a hint from nat "king" cole's classic -- ♪ chestnut roasting >> reporter: the huffington held a caption contest for joe biden's checkout photo. our favorite, stopped by for some fire logs, went home with a flat screen tv. 32 inches. jeanne moos cnn -- ♪ -- new york. >>> well, that just ruins the christmas surprise about that television, but looking for love? when the politics are against you. we're going past the party lines. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. do y
are at a stand still. president barack obama says republicans must agree to preserve a middle class tax cut as the first part of any deal and he likened republicans to scrooge today, while touring a pennsylvania toy factory. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family, everybody here, you'll see your taxes go up on january 1st. i mean, i'm assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> the president's proposal calls for $1.6 trillion in new tax revenue. $50 billion for new stimulus spending. and about $400 billion in entitlement cuts. republicans say the president's opening bid is nothing but a political stunt. so where does that leave us? after months of hearing about the fiscal cliff, there are no signs of a compromise plan. let's bring in senior congressional correspondent miss dana bash. dana? republicans say president obama's opening offer is, you know, all take and no give here. do they feel like the president is
blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great concern for so many people, everyone's taxes will go up, will go up if there's no deal. let's go live to our white house correspondent dan lothian. he's on the scene for us over at the white house. how did it go, dan? >> reporter: well, wolf, we've seen the president do this before in the past whenever he's locked in negotiations with lawmakers. he heads out on the road, either goes to a backyard or sits down around a dinner table to put pressure on congress. that's what he did today when he went to falls church sitting down with the santana family. their parents who also are employed live in the household with them. so if taxes do go up on middle class americans, the overall hit on that household will be $4,000.
stands at $16 trillion. it was $10.6 trillion when president obama first took office and it has increased roughly 50% over the course of his first term. now president obama is insisting that any deal on this fiscal cliff which has automatic tax hikes and spending cuts as of january one, they are trying to avert that. he says any deal on this must include an end to the debt ceiling all together. he wants complete power to raise the country's limit by himself. he doesn't want to have to get congressional approval. that is a demand stirring strong response from republicans today. >> the on way we ever cut spending is by using the debate over the debt limit to do it. now the president wants to remove that spur to cut all together. of course, it gets in the way of his spending plans. i can assure you it one happen. the american people want washington to get spending under control and the debt limit is the best tool we have to make the president take that demand seriously. the american people want us to fight to cut spending. it's a fight they deserve and a fight we are happy to have. >> joinin
. you remember wimpy, popeye's friend, i'll gladly pay you tuesday for a hamburger today, and obama would gladly agree to spending cuts later for tax increases now. republicans have been rolling over on these kinds of deals since as long as i've been able to remember. since i was in garanimals with reagan and tip o'neill and the democrats then were promising spending cuts that never came, through george bush and george mitchell who came away from a similar deal with a big smirk on his face and no spending cuts. i think it's about time republicans stop rolling over and falling for these deals. please, because why do we have a republican party if they don't say no? >> steve: sure. and we've been talking about how the atmosphere on capitol hill officially with the big negotiators has been kind of gloomy. politico, the lefty blog, says that inside the talks with the people who are doing a lot of talks, contours of a deal including the size of tax hikes and spending cuts, it will contain are starting to take shape. so it does sound like even though both sides are still strident in what t
. 2012] >> president obama talks about u.s. tax policy. the tax cuts that will expire at the end of this year. then, senator orrin hatch from utah gives the republican address on the fiscal cliff which refers to automatic tax increases and spending cuts that would go into effect in 2013. >> hi, everybody. i'm here on the factory floor of a business in hatfield, pennsylvania, where folks are working around the clock making toys to keep up with the christmas rush. and i came here because, back in washington, the clock is ticking on some important decisions that will have a real impact on our businesses - and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy.
at the issue of the payroll tax cut. kim dixon, when did the payroll tax cuts issue come into effect? guest: about two years ago at this time. expiration of the bush-era tax cuts that began in 2001 were set to expire. republicans control the house. president obama wanted to continue them for everybody except those in the top 2% tax rate. --wasn't ended the year deal it was an end-of-the-year deal. the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own party seem quite comfortable on sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today i would say two things. first, despite the
offended by president obama's last offer. they felt it was so outrageous. >> it was outrageous. it was double what they saw last year. it had spending increases, rather than spending cuts. and it wanted to have congress lose its role, in term terms of increasing the debt ceiling. none of that's probably going to happen. and i think to nick's point, it's a good point. if you go back and look. i worked for reagan years ago. reagan and tip o'neill would sit and work together. i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think
, the consequences of the fiscal cliff are real. from a politicaler speck tiff, president obama is holding all the cards here. if he does nothing, the push area tax cuts expire, raising revenue. spending cuts will bring down the debt and possibly help secure social security and medicare. apparently, the president this is that he is making an offer republicans can't refuse. joining me at table is msnbc contributor, joy reid. cnbc contributor, dan dicker and laura flanders, the host and founder of grittv.org. thanks to all of you for being here. >>> is this, in fact, a new president obama. is the kind of negotiating tactics we are seeing now something that wasn't happening in the first term? >> i want to see that seventh head. i'm really looking forward to that. i love this whole don core leone thing. i know this was one of those things. apparently, they got in touch with a dog food factory. i will put that one aside. >> i don't think anything the administration is doing this time is going to get them on that case. i do think this represent pigs after the last election in the first term, there w
the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the previous record deficit in american history is not because tax policy has changed, it hasn't. it's because federal spending policy has changed. and that's what we have to get our arms around here in this body. what i show going forward, mr. speaker, put a little square around the annual budget deficits that have been run during the first four years of the obama administration, but i also project what the congressional budget office believes, that's a nonpartisan budget planning group we have here on capitol hill, what they believe is in store for us in the future if we continue unde
" supports they have more support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male
any sort of ammunition? >> i don't think the welfare state getting bigger for two reasons in obama's term. one reason is we're out of money. spent $2 trillion on obamacare. people see greece, the european crisis going on right now, and there's so much pressure to cut spending, i can't imagine a really big even new entitlements, you know, a new ira required on top of social security. i couldn't see that happening. with that said, a lot of subsequentiaconsconveniential.se huge. he'll have a lot of opportunities to move the progressive football down the field, but i don't see any of these -- any of these dreams coming to fruition unless the republican house is defeated in two years, paving the way for bigger plans. >> greta: john, do you see the disappointment that the president will have with liberal supporters that want this? >> one thing democrats will be encouraged by when you look at big entitle programs in the past, like social security and medicare, they've really grown over time. they started out with a small concentrated base, and through acts of congress, they became increas
this administration, under president obama. and that has to be a part of this. that is where the republicans are insisting that we have a spending cuts and entitlement reforms that will got america on the right track moving forward. jenna: congresswoman, such a big topic. we only brushed the surface of it. we look forward to having you back to talk more about it. thank you so much. >> thank you. jon: right now a potentially explosive new development in the trayvon martin shooting case. lawyers for george zimmerman, releasing this photo. it shows the accused shooter with a bloody nose taken on the night of the deadly shooting. zimmerman as you might recall faces second-degree murder charges in the death of this man, 17-year-old trayvon martin. zimmerman claims he shot the teen in self-defense during a violent struggle and martin inflicted the bloody nose. does this change the arc of this case? let's talk about it with lose we will, fox news analyst and crystal panich a criminal defense attorney. the shooting happened and that photo was taken february 26th, 2012. >> right. jon: apparently the
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